Advisory Mandate Clause Samples
An Advisory Mandate is a contractual provision that formally appoints a party, typically a financial or legal advisor, to provide specific advisory services to a client. This clause outlines the scope of the advisor’s responsibilities, such as offering strategic guidance, conducting due diligence, or assisting with transactions, and may detail the duration, fees, and reporting requirements. By clearly defining the advisor’s role and obligations, the Advisory Mandate ensures both parties understand the expectations and limits of the engagement, thereby reducing misunderstandings and establishing a framework for accountability.
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Advisory Mandate. The Facility Agent shall, at its option, be retained by the Guarantor as an advisor who will monitor the progress of the ISH Restructuring Milestones and other restructuring or divestment process conducted by the Guarantor and support the Guarantor in the execution, fine-tuning and optimization of the new business model; provided, that the scope of such advisor’s assignment shall be refined in consultation with the Guarantor at the Facility Agent’s sole option;